Topic
private-funds
3 stories
SEC Charges Two Bay Area Fund Executives Over $80M Ponzi-Like Scheme
The SEC charged two former Pacific Private Money Group executives with running a Ponzi-like scheme that raised over $80 million from roughly 190 mostly retired investors, with recoverable assets now estimated below $17 million.
CFTC and SEC Push Form PF Compliance Deadline to July 2027
The CFTC and SEC jointly pushed the compliance deadline for the 2024 Form PF amendments back nine months to July 1, 2027, while they reconsider rules they have since proposed to change or scrap.
SEC charges pre-IPO fund adviser Adit Ventures and its CEO with fraud; defendants settle without admitting
The SEC says Adit Ventures Management, CEO Eric Munson and three affiliated general partners defrauded investors in SpaceX and Klarna pre-IPO share funds; all settled without admitting the allegations.